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SectionApeRiot on scored.co
1 year ago0 points(+0/-0)1 child
Haha, I wish. Though I did enjoy your narration of it; gave me a chuckle. Jews never give out money to the goyim without some sort of return and they would never let a figurehead order them around.
Correct me if I'm wrong, but the stimulus checks (aka Trump bucks) were part of the CARES Act that Congress approved. It didn't cost the federal government a dime because the federal government doesn't produce anything or actually make any money, only takes from the people and racks up debt, as I'm sure we're both painfully familiar with. You're correct in that CARES didn't result in physical money printed or an increase in the overall money supply, but it did create "digital money" that was disbursed by the Treasury/IRS and was essentially borrowing against future funds (taxes), bonds/securities, etc. and greatly increased the national deficit.
Here's what chat GPT gives me when asking for a synopsis (I don't 100% trust what it says, for obvious reasons). If you have a good/better place to read more on this, I'll be happy to check it out.
"The CARES Act (Coronavirus Aid, Relief, and Economic Security Act) stimulus checks were funded through government borrowing. Specifically, the U.S. government issued new debt to finance the $2.2 trillion package, which included direct stimulus payments, unemployment benefits, small business loans, and other relief measures.
Here’s a breakdown of how the stimulus checks were funded and the broader financial mechanics:
1. Borrowing from the Financial Markets:
The primary way the U.S. government funded the CARES Act — including the stimulus checks — was through borrowing. The federal government does not have the funds sitting in a savings account for emergencies like these. Instead, it borrows money by issuing Treasury bonds, notes, and bills.
When the government borrows money, it sells these securities to investors, both domestic and foreign. Investors lend the government money in exchange for a promise to pay it back with interest at a later date.
The interest rate on these government securities is relatively low because the U.S. is seen as a low-risk borrower. So, during times of economic crisis, the government can borrow at a favorable rate.
2. Increased Government Debt:
The CARES Act, with its $2.2 trillion price tag, significantly increased the national debt. To pay for the various stimulus measures — including direct payments to individuals, enhanced unemployment benefits, and small business assistance — the government had to issue a large amount of new debt.
This borrowing added to the federal deficit, which is the difference between what the government spends and what it collects in revenue (taxes, etc.). The debt issued as part of the CARES Act was essentially a temporary increase in the deficit, intended to support the economy during the crisis.
3. Monetary Policy and the Federal Reserve’s Role:
The Federal Reserve also played a key role in supporting the funding of the CARES Act. While the Fed didn’t directly fund the stimulus checks, it did help the government finance the massive borrowing by keeping interest rates low and engaging in quantitative easing.
Quantitative easing (QE) involves the Fed purchasing government bonds and other securities on the open market, which increases the money supply and helps keep borrowing costs low for the U.S. government.
The Fed also created new money in the form of digital reserves to support the financial system during the crisis, but this was separate from the direct funding of stimulus checks. It helped ensure that borrowing remained affordable and that liquidity was available for financial markets and institutions.
4. The Role of Tax Revenue (Long-Term):
In the short term, the government does not immediately have to raise taxes to cover the cost of the stimulus checks. However, in the long term, the U.S. government will need to either reduce spending or increase tax revenue to service the higher debt load that resulted from borrowing to fund the CARES Act and other pandemic-related measures.
While the immediate relief was funded through borrowing, the long-term financing of that debt (interest payments, principal repayment, etc.) will be borne by future taxpayers.
Key Points:
Borrowing from financial markets was the primary way the government funded the stimulus checks and other parts of the CARES Act.
The federal deficit and national debt increased as a result of the stimulus, with the government issuing Treasury securities to finance the relief package.
The Federal Reserve facilitated this process by keeping interest rates low and engaging in monetary policy measures like quantitative easing.
In Summary:
The stimulus checks were not paid for out of existing government savings or funds but were instead financed through new borrowing by the U.S. government. The government issued debt, which was bought by investors, and used those funds to finance the economic relief programs, including direct payments to individuals. While this helped provide immediate relief during the pandemic, it also increased the federal debt, which will need to be managed in the years to come."
I do appreciate the additional reading, but that looks to be Q silliness. A lot if it is outright wrong. The "Patriots" were/are not in control.
You can't nationalize the Fed because it's entire creation and existence is meant to shield jew bankers from being beholden to the people and to turn the goyim into free range tax slaves through usury. They won't just give that up because their shabbos goy puppet told them to. Unless the Rothschilds and jews worldwide have been imprisoned (or better) and their assets seized, the Fed is not under control by anyone other than jews.
Literally not a single thing they mentioned here happened and that was back in 2020:
"We just restructured the Federal Reserve System. Basically the Federal Reserve will buy out the U.S. debt to the tune of over 2 trillion per month; making the U.S. debt-free by around the 2020 election. Then the Federal Reserve will possibly file for bankruptcy and be gone, along with their privately owned IRS. Possibly no more income tax. No more credit as a debt based monetary system. This will be replaced with perhaps as a first step, a revalued currency back by gold as a series of steps towards a new Quantum Financial System. Remember, Q has told us that gold will bring down the Fed."
The almost 5 years since show there's really not been any change (for the better anyway). The national debt is up to almost $36 trillion, most Whites still pay income tax, we're not on the gold standard, our fiat currency is more useless than ever before, the Fed has not declared bankruptcy, interest rates are ridiculous, etc.
Edit: Kid pressed submit before I was ready lol
Many of the sources cited were opinion pieces and the page cited within the CARES Act doesn't exist (pg. 549--it only gets into the 300s from all the PDFs and online texts I could find).
From what I could tell after looking at a lot of different sources was it was mostly just government jews giving money to bank jews and vice versa; not a merge.
That also brings up that, if it was true and Trump was in charge at the time, why didn't he do what they said would happen? If he didn't do it then, why would he do it this time? Has potato brain or cackle queen been in charge of it since Trump left in 2021?
Correct me if I'm wrong, but the stimulus checks (aka Trump bucks) were part of the CARES Act that Congress approved. It didn't cost the federal government a dime because the federal government doesn't produce anything or actually make any money, only takes from the people and racks up debt, as I'm sure we're both painfully familiar with. You're correct in that CARES didn't result in physical money printed or an increase in the overall money supply, but it did create "digital money" that was disbursed by the Treasury/IRS and was essentially borrowing against future funds (taxes), bonds/securities, etc. and greatly increased the national deficit.
Here's what chat GPT gives me when asking for a synopsis (I don't 100% trust what it says, for obvious reasons). If you have a good/better place to read more on this, I'll be happy to check it out.
"The CARES Act (Coronavirus Aid, Relief, and Economic Security Act) stimulus checks were funded through government borrowing. Specifically, the U.S. government issued new debt to finance the $2.2 trillion package, which included direct stimulus payments, unemployment benefits, small business loans, and other relief measures.
Here’s a breakdown of how the stimulus checks were funded and the broader financial mechanics:
1. Borrowing from the Financial Markets:
The primary way the U.S. government funded the CARES Act — including the stimulus checks — was through borrowing. The federal government does not have the funds sitting in a savings account for emergencies like these. Instead, it borrows money by issuing Treasury bonds, notes, and bills.
When the government borrows money, it sells these securities to investors, both domestic and foreign. Investors lend the government money in exchange for a promise to pay it back with interest at a later date.
The interest rate on these government securities is relatively low because the U.S. is seen as a low-risk borrower. So, during times of economic crisis, the government can borrow at a favorable rate.
2. Increased Government Debt:
The CARES Act, with its $2.2 trillion price tag, significantly increased the national debt. To pay for the various stimulus measures — including direct payments to individuals, enhanced unemployment benefits, and small business assistance — the government had to issue a large amount of new debt.
This borrowing added to the federal deficit, which is the difference between what the government spends and what it collects in revenue (taxes, etc.). The debt issued as part of the CARES Act was essentially a temporary increase in the deficit, intended to support the economy during the crisis.
3. Monetary Policy and the Federal Reserve’s Role:
The Federal Reserve also played a key role in supporting the funding of the CARES Act. While the Fed didn’t directly fund the stimulus checks, it did help the government finance the massive borrowing by keeping interest rates low and engaging in quantitative easing.
Quantitative easing (QE) involves the Fed purchasing government bonds and other securities on the open market, which increases the money supply and helps keep borrowing costs low for the U.S. government.
The Fed also created new money in the form of digital reserves to support the financial system during the crisis, but this was separate from the direct funding of stimulus checks. It helped ensure that borrowing remained affordable and that liquidity was available for financial markets and institutions.
4. The Role of Tax Revenue (Long-Term):
In the short term, the government does not immediately have to raise taxes to cover the cost of the stimulus checks. However, in the long term, the U.S. government will need to either reduce spending or increase tax revenue to service the higher debt load that resulted from borrowing to fund the CARES Act and other pandemic-related measures.
While the immediate relief was funded through borrowing, the long-term financing of that debt (interest payments, principal repayment, etc.) will be borne by future taxpayers.
Key Points:
Borrowing from financial markets was the primary way the government funded the stimulus checks and other parts of the CARES Act.
The federal deficit and national debt increased as a result of the stimulus, with the government issuing Treasury securities to finance the relief package.
The Federal Reserve facilitated this process by keeping interest rates low and engaging in monetary policy measures like quantitative easing.
In Summary:
The stimulus checks were not paid for out of existing government savings or funds but were instead financed through new borrowing by the U.S. government. The government issued debt, which was bought by investors, and used those funds to finance the economic relief programs, including direct payments to individuals. While this helped provide immediate relief during the pandemic, it also increased the federal debt, which will need to be managed in the years to come."
Here's a good start to go down the rabbit hole: https://eraoflight.com/2020/04/15/trump-ends-the-fed-as-we-know-it/
You can't nationalize the Fed because it's entire creation and existence is meant to shield jew bankers from being beholden to the people and to turn the goyim into free range tax slaves through usury. They won't just give that up because their shabbos goy puppet told them to. Unless the Rothschilds and jews worldwide have been imprisoned (or better) and their assets seized, the Fed is not under control by anyone other than jews.
Literally not a single thing they mentioned here happened and that was back in 2020:
"We just restructured the Federal Reserve System. Basically the Federal Reserve will buy out the U.S. debt to the tune of over 2 trillion per month; making the U.S. debt-free by around the 2020 election. Then the Federal Reserve will possibly file for bankruptcy and be gone, along with their privately owned IRS. Possibly no more income tax. No more credit as a debt based monetary system. This will be replaced with perhaps as a first step, a revalued currency back by gold as a series of steps towards a new Quantum Financial System. Remember, Q has told us that gold will bring down the Fed."
The almost 5 years since show there's really not been any change (for the better anyway). The national debt is up to almost $36 trillion, most Whites still pay income tax, we're not on the gold standard, our fiat currency is more useless than ever before, the Fed has not declared bankruptcy, interest rates are ridiculous, etc.
Edit: Kid pressed submit before I was ready lol
Many of the sources cited were opinion pieces and the page cited within the CARES Act doesn't exist (pg. 549--it only gets into the 300s from all the PDFs and online texts I could find).
From what I could tell after looking at a lot of different sources was it was mostly just government jews giving money to bank jews and vice versa; not a merge.
That also brings up that, if it was true and Trump was in charge at the time, why didn't he do what they said would happen? If he didn't do it then, why would he do it this time? Has potato brain or cackle queen been in charge of it since Trump left in 2021?